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Can you own a private helicopter, if you’ve ever wanted to own a private helicopter, you’re not alone. Plenty of us have looked up in the air, seen a fleet of helicopters, and thought to themselves “how cool would that be”.
Can you own a private helicopter? Well, that depends on your definition of “own” but I’m going to assume you mean it in the literal sense.
What would be your reaction if I said you can actually own a private helicopter? No, you will not go to jail for this. It is perfectly legal and has been for a long time.
Earlier there was some ambiguity about the issue of private helicopters in Australia. This was solved by the Civil Aviation Administration Act of 1996 that made it clear that helicopters are private property.
Owning a helicopter is a dream for many. However, with costs ranging anywhere between $1.2 and $2.5 million, many of us think it might remain as a dream forever. But that doesn’t have to be the case. Here are two ways to own your own private helicopter, starting at $50k.
It’s not really surprising taking into consideration how much private jets cost today. It makes sense that some people decide to invest their money into buying a helicopter which is not only less expensive but also more efficient.
If your destination is a fixed distance away the best option might end up being a chopper. Here are just some of the reasons why purchasing a private helicopter could be beneficial for you.
- Can you own a private helicopter
- How will you pay for the helicopter?
- Do you need financing?
- Do you have the right license?
- Where are you going to store it?
- Is a landing pad required?
- Does it have to be a new model?
Can you own a private helicopter
The answer is yes. While it’s not something that most people can afford, there are a few options out there if you’re looking to buy a private helicopter. There are two main types of helicopters: commercial and private.
Commercial helicopters are used for transporting passengers in remote areas and for other business purposes. Private helicopters are used by individuals for personal transportation or recreation. These helicopters can be bought on the open market or leased from a company that offers this service.
If you want to own a private helicopter, you will need to find out what type of aircraft you want, how much it costs and what kind of insurance is required before buying one.
Some companies offer insurance packages specifically designed for owners who have their own helicopters but don’t necessarily have any experience flying them.
According to the Federal Aviation Administration (FAA), only one person can own and operate a single-engine helicopter or two-seat gyroplane in the state of Texas. You must also be at least 18 years old, have a valid driver’s license and pass an aeronautical knowledge test.
The FAA also requires that you complete both written and flight exams before receiving your license. The written exam consists of 40 questions about aviation rules and regulations, while the flight exam includes maneuvers such as takeoffs, landings and emergency procedures.
Once you have completed these steps, you will receive a certificate from the FAA allowing you to fly solo or with a passenger as long as you comply with all safety regulations set forth by the agency.
A private helicopter is one that is owned by an individual or company and is used only by that person or persons. They’re usually rented out to other people for a fee, but they can also be flown by their owners for personal use at any time.
Private helicopters are typically used for transportation purposes, transporting people from one place to another quickly and efficiently.
Most people who own private helicopters use them as business vehicles because they don’t want to waste time traveling long distances in traditional cars or planes when they could be flying instead. Some people buy private helicopters simply because they want to spend more time in the air than on land or sea!
Read more articles: How Much Is It To Hire a Private Helicopter?
How will you pay for the helicopter?
You might be surprised to learn that helicopters can cost over $200,000! While some people may be able to afford this outright, most of us will need to finance it.
This can be done through a bank loan (where the helicopter is financed as collateral), or through an installment sale contract (where you finance your purchase with a bank and make monthly payments for up to 60 months).
When financing your helicopter with a loan, it’s important to know how much interest you’ll pay over time. If you can’t afford the payments after buying your helicopter, you may want to consider leasing instead.
Leasing allows you to rent the same type of helicopter for less than 50 percent of its original price and makes it easier to upgrade when necessary.
Helicopter engines are often custom made, so they’re expensive to produce. In addition, if you want a helicopter that can fly long distances or carry heavy loads, you’ll need a more powerful engine than what’s needed for short flights or light loads.
The second most expensive part of a helicopter is its rotor blades. A rotor blade costs around $30,000 and weighs about 1,000 pounds (453 kilograms). It’s made up of several pieces that must be assembled together perfectly to keep the aircraft stable while in flight.
Other parts that make up the aircraft include:
Engines – The engine provides power for the aircraft’s main rotor blades and tail rotor blade(s). There are two types of engines used in helicopters: turbine engines and piston engines (also called reciprocating engines).
Turbine engines are typically found in larger helicopters such as Blackhawks and Chinooks because they provide more power at less cost per pound than piston engines.
They also burn fuel more efficiently than piston engines do which helps reduce pollution when flying over populated areas like cities and towns.
Read more articles: How Often do Private Helicopters Crash?
Do you need financing?
Financing a helicopter is not as easy as financing a car. There are many things that you need to take into consideration before buying a helicopter, but one thing that you must know is that you will need to have the money upfront.
Why do you need financing while buying a helicopter? It’s true. You will need financing while buying an aircraft or any other type of vehicle.
The main reason why people borrow money is because they don’t have enough cash to buy whatever they want.
If you don’t have enough cash in your bank account to pay for your helicopter, then it is best if you go for financing. Otherwise, you could end up with a lot of debt on your hands after making the purchase.
Some people also choose to finance their helicopters because they want to keep their monthly payments low so they can afford more things in life without having too much pressure on them financially each month.
There are various types of financing available for helicopters and if you do not have enough money in your bank account to make the purchase, then there are other loans that you can apply for.
Types of financing available
If you have been dreaming about owning a helicopter but have been unable to do so because of financial constraints, then there is no need for you to despair. It is possible for anyone to own a helicopter but it does require some planning and saving up.
If you are interested in getting a loan from an institution, then there are different types of financing options available such as:
Home Equity Loan – This type of loan allows you to borrow money from your home equity and use it as collateral against your house. With this type of loan, you usually have lower interest rates than other types of loans since it uses your property as collateral against defaulting on payments.
Home Equity Line – With this type of loan, you get access to cash that can be used however you like without having any restrictions attached to it besides paying off the mortgage balance when due. These lines offer flexible terms, including a wide range of rates and repayment options.
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Do you have the right license?
Helicopters are a popular mode of transportation for both business and pleasure. They are also becoming increasingly popular with private owners who use them for various purposes.
Choosing to purchase a helicopter can be a difficult decision, but it is an enjoyable one. There are many factors to consider before making your decision, such as cost, size and type.
Choosing the right license while buying a helicopter
The most common license is the private pilot license (PPL), which allows you to fly small single-engine helicopters powered by piston engines under certain conditions. You can also apply for an instrument rating if you wish to fly in poor weather conditions or at night time.
Other licenses include commercial pilot licenses (CPL) and instructor ratings (IR). These allow you to fly larger aircraft such as twin-engine helicopters or fixed wing planes rather than just single engine ones like in PPLs.
CPLs also allow you to fly in more extreme conditions such as severe weather conditions or at night time without having to worry about losing control of the aircraft or crashing because of bad visibility due to low clouds.
In order to obtain a CPL, you must first obtain a PPL and then pass an exam administered by the Civil Aviation Authority (CAA). The IR is easily obtained once you have your PPL. The IR allows you to teach other people how to fly but you cannot start teaching until at least 6 months after obtaining your PPL.
The last two licenses that might interest you as a pilot are the multi-engine PPL and instrument rating (IR). The multi-engine PPL is exactly what it sounds like: it allows you to fly an aircraft with more than one engine.
This could be useful if there was ever a malfunction in one of the engines and it would allow for extra power from another engine if needed during flight time. Thus, this license gives pilots an added level of safety if something goes wrong during their flight.
The IR requires applicants to have at least 500 hours of flying experience before they can even begin their application process.
In order to receive this license, you must show proficiency in instrument flying, which means being able to fly your plane through cloudy skies or when visibility is limited due to weather conditions or other factors.
Read more articles: How Much are Private Helicopter Rides?
Where are you going to store it?
The first thing you need to decide is where you plan to store your helicopter. It’s important to think about this early because it could affect the type of helicopter you buy. For example, if you want a heli that’s easy to transport and store.
Then perhaps a 450-class model would be better suited for your needs than an 800-class model. If you’re going to keep your heli at home, then there’s no problem here.
However, if you’re looking at taking it out with friends or flying at a field somewhere, this can be more of a challenge as most fields don’t have enough space for larger-scale models like the 800+ range.
If this is the case, then consider getting something smaller such as a 250 or 450 class model instead so that it’ll fit into their limited space requirements.
You want to start with the basics. You want to find out what type of helicopter you are going to use and where are you going to store it. These two things are very important because if you don’t know where you’re going to put your helicopter, then how do you know how much space is needed for it?
And if you don’t know how much space is needed for it, then how do you know what size of a helicopter you need? So the first thing I would suggest doing is getting the dimensions of your garage or hangar and seeing what kind of space is available for your helicopter.
The second thing I would suggest doing is looking at different models of helicopters. If a particular model has a lot more room in it than another model, then maybe that’s the one that will work best for your situation.
The third thing I would suggest doing is looking at different types of helicopters. For example, some people might be interested in taking off from their backyard but they don’t want to go very far away from home because they don’t want to worry about getting back home safely.
Others might be interested in taking off from their backyard but they want to go quite far away from home because they want to go on longer trips and things like that.
The fourth thing I would suggest doing is looking at different types of helicopters. For example, some people might be interested in taking off from their backyard but they don’t want to go very far away from home because they don’t want to worry about getting back home safely.
Others might be interested in taking off from their backyard but they want to go quite far away from home because they want to go on longer trips and things like that.
Read more articles: Private Jet Ownership and Maintenance
Is a landing pad required?
The answer is yes, you need to have a landing pad if you want to buy your helicopter. The reason behind this is that helicopters are extremely expensive and it will not be wise on your part if you did not have a place to land it in case of an emergency.
A landing pad can be made using different methods but the most popular ones are cement or metal pads. The first method which is cement pads is quite common among professionals because they are easier to build and maintain.
When building these pads, you should ensure that they are strong enough to hold the weight of your helicopter when it lands because they will be subjected to high impact forces. They should also be large enough so that your helicopter can easily land on them without any problems.
Cement pads can also be easily maintained since they do not wear out easily like metal pads do. However, when using this method, you should make sure that there are no holes in the cement as this can cause serious damage to your helicopter while it is landing on it.
Another popular method which people use when building landing pads is metal pads which are made from steel or aluminum. These are also easy to maintain and install since they do not require much maintenance unlike cement pads do.
However, these types of landing pads tend to be more expensive that the other types but this is because they have higher quality standards compared to those made from concrete or plastic.
Also, you can use these pads in any kind of weather condition without worrying about them getting damaged easily because they are made from strong materials that can withstand high winds and other natural disasters that might threaten your helicopter during take off or landing.
Read more articles: Which is Better Private Jet or Helicopter?
Does it have to be a new model?
The answer is no. There are many reasons why you should consider buying a used helicopter instead of a new one. Here are some of them:
1. You can get more bang for your buck. It is not uncommon to pay twice as much for a new model than a used one. That’s because dealerships always want to make money, and they know that with time their helicopters will depreciate in value.
So they charge you more up front, hoping that you won’t notice how much money they’re losing on the deal later on when they sell it to someone else.
2. You can get an older model with fewer bells and whistles for less money than what it would cost to buy the same model brand new right now! If all you need is a basic flight experience.
Then buying an older model might be just what you need. It would be like getting a new car without having to spend all kinds of money on options like leather seats and power windows that you don’t need anyway!
3. Older models are often easier to maintain because parts are still readily available for them unlike newer models where parts may or may not be available depending on whether or not they’re still manufactured any longer.
One of the most obvious is that they’re less expensive than new ones. While you may be able to find some great deals on new helicopters, the fact is that they depreciate very quickly sometimes within just a few months!
So if you’re looking for something that’s going to hold its value for a long time, buying used is probably your best bet.
Another reason why buying used is so popular is because it allows you to get exactly what you want without having to compromise on features or performance.
A lot of people think that buying new gives them more options and better choices, but this isn’t always true. For example, if you need a helicopter with certain features or capabilities but don’t like the ones offered by a particular manufacturer.
There’s no guarantee that you’ll find one in the used market because it may have already been sold off or replaced by another model with better options than before.
Read more articles: Is Turbulence Worse on a Private Jet
End of the line
In theory, you could own your own private helicopter. However, there are significant limitations. The main limitation is cost and they can be extremely expensive.
In terms of costs and model selection, there really is a variance in the price of the helicopters. There are models that begin near the $200K mark and go up from there. However, many more models can be found for under $100K.
Due to the nature of helicopters, they are a vehicle that requires constant maintenance and parts/tools to maintain it.
Having a small amount of money and resources will allow you to keep your helicopter in the air, but if its too low at any given moment, you will have to deal with the impact of landing on your own.
I’m sure many people would like to see what it is like to invest in a private helicopter, but not really want to endure the life of maintaining it.
Putting aside the hassle and headaches it will cause; if you don’t want to do this for yourself, ask a friend. Its better if someone who is an experienced pilot owns one instead of a noobie.
Private Helicopter has several advantages over corporate jets. The cost for maintenance of a helicopter is very low as compared to larger jets. It is also considered more economical in terms of fuel consumption and its maintenance by the aviation industry.
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Hi, I am Joseph Benson the CEO of Trullyreview, welcome to your number one source for all things aircraft. I am the designer of Benson B1 Helicopter.